"Women's choices on work and home lives will be supported"
Condescending bastards!
Dave
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Email: da...@durge.org MSN Messenger: da...@durge.org
Er, except that's the BBC's paraphrasing. The actual text is at:
http://news.bbc.co.uk/1/hi/uk_politics/4757766.stm
"3. The quality of life matters, as well as the quantity of money. We will
enhance our environment by seeking a long-term cross-party consensus on
sustainable development and climate change - instead of short-term thinking
and surrender to vested interests. We will support the choices that women
make about their work and home lives, not impose choices on them."
Which is subtly different.
-DW.
Um, no it's not. Why only women? I repeat, condescending bastards.
-jermy
No, lenders are willing to lend more because people can afford to repay more
- in part due to low interest rates, in part due to wage inflation
continuing to be double price inflation.
If your lender is still using an income multiplier of 2-3 times income, you
should wonder what century they're operating in.
If it helps, Abbey's standard multiplier is 4.2 for mid-level salaries. I'm
sure that other mortgage providers will have similar ones.
Stuart.
Well, Cooperative will lend 3.25 times income, plus 2 times the income of
the second applicant (if any). Which will buy you a used chip wrapper in
London...
And Cooperative aren't alone in having rather out-of-step expectations.